PACCAR Inc's Board of Directors today approved an increase in the regular quarterly cash dividend from thirty-three cents ($.33) per share to thirty-five cents ($.35) per share. The dividend will be payable on June 3, 2026, to stockholders of record at the close of business on May 13, 2026.

Mark Pigott, executive chairman, shared, "PACCAR has generated excellent shareholder returns and profitability for decades. PACCAR has delivered annual dividends, including regular quarterly and extra cash dividends, totaling approximately 50% of net income for many years. PACCAR's shareholders have earned returns that have exceeded the S&P 500 index for the last five-, ten-, and twenty-year periods."

Preston Feight, chief executive officer, commented, "PACCAR succeeds by consistently enhancing customers' operating performance with fuel efficient and premium quality Kenworth, Peterbilt and DAF trucks, and optimized transportation solutions provided by PACCAR Parts and PACCAR Financial Services."

PACCAR is a global technology leader in the design, manufacture and customer support of high-quality light-, medium- and heavy-duty trucks under the Kenworth, Peterbilt and DAF nameplates. PACCAR also designs and manufactures advanced powertrains, provides financial services and information technology, and distributes truck parts related to its principal business. PACCAR shares are listed on the NASDAQ Stock Market, symbol PCAR. Its homepage is www.paccar.com.

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Ken Hastings

(425) 468-7530

ken.hastings@paccar.com

PACCAR Increases Regular Quarterly Dividend